WisNorCan

8 ms·

31.
Yahoo braves shareholders’ ire in refusing Microsoft’s $47bn offer (2008)(theguardian.com)
5 points by WisNorCan 4y ago|1 comments
32.
by WisNorCan 4y ago
You can just read the statements from Ballmer and others on what they were excited about. I wasn’t on the deal team, but I worked with them on parts of it. The statements below are reflective of the belief. Occam’s razor would suggest that
33.
by WisNorCan 4y ago
100% agree. I believe Microsoft would have made a mess of the acquisition. Microsoft had the same issues internally with their MSN/Live strategy at the time. Integrating Yahoo + MSN/Live was unlikely to succeed. That is separate f
34.
by WisNorCan 4y ago
That is fair. However I don’t think that applies here. if the board truly believed it, they would have sold the “pure Yahoo” piece to Microsoft for far more than $4.5B and spun out the Alibaba stake. They didn’t and ended up losing billions
35.
by WisNorCan 4y ago
No. Yahoo got lucky with the Alibaba stake. That wasn’t what Microsoft was after. Microsoft was desperate to be relevant in Internet consumer services and compete with Google. Yang and the board believed they could fix Yahoo. None of their
36.
by WisNorCan 4y ago
Twitter reminds me a lot of Yahoo about a decade ago. A company that lost its way. Cycling through lots of CEOs, re-orgs and visions and a culture that atrophied along the way. Microsoft offered to buy Yahoo for $45B in 2008. The board of d
37.
by WisNorCan 5y ago
Yes! We finally found a good use for the blockchain.
38.
by WisNorCan 5y ago
If that's the core lesson, it doesn't seem like very helpful advice. How many resources should I have? Don't have too few resources and don't have too many resources. Have enough resources! Presumably one of the reasons
39.
by WisNorCan 5y ago
I have seen this a couple of times. The only reason you wouldn't do an equal split is: (a) if they have substantially more experience or have a more valuable skillset. For example, prior to this role they could command a salary that wa
40.
by WisNorCan 5y ago
We worked with Continuity for our raise. PG was not involved. They definitely required balance sheet, income statement, financial forecasts etc. Much more than a deck and a one page memo. It all has to do with what stage you are raising at.
41.
by WisNorCan 5y ago
I am hoping that the same scrutiny is quickly applied to other platforms that are getting a pass. Like Roblox which only pays developers 25%. But even that is better than Peloton where I can't even install any other apps.
42.
by WisNorCan 5y ago
A good approximation of market power is how poor your support can be while still having a thriving business.
43.
by WisNorCan 5y ago
It would be fascinating to hear the insider perspective. What exactly went wrong at Zillow with their approach? What were they not able to solve that OpenDoor could? This assumes that OD isn't a house of cards.
44.
Andy Jassy overruled recommendation a senior exec be fired for discrimination(protocol.com)
4 points by WisNorCan 5y ago|0 comments
45.
by WisNorCan 5y ago
You may have reversed the causality. Apple's brand comes from delivering great products. iPhone, Mac, Watch, AirPods, etc. all have incredible customer satisfaction metrics.
46.
by WisNorCan 5y ago
Sure and that happens. Journalists will cherry pick data to tell the story they want. But there is a difference. If the data is out there someone can dispute the journalists characterization. If Facebook controls all the data and presents t
47.
by WisNorCan 5y ago
"These executives argued that Facebook should selectively disclose its own data in the form of carefully curated reports, rather than handing outsiders the tools to discover it themselves. Team Selective Disclosure won, and CrowdTangl
48.
Bezos’ Exit Is One of Many Among Amazon’s Top Ranks(nytimes.com)
2 points by WisNorCan 5y ago|0 comments
49.
At least 486 dead in British Columbia amid historic heat wave(axios.com)
57 points by WisNorCan 5y ago|22 comments
50.
by WisNorCan 5y ago
It is a simple bargain. US representatives are dependent on fundraising and endorsements for re-election which lobbyists are happy to offer in exchange for help with their agenda.
51.
by WisNorCan 5y ago
Intuit is consistently one of the least ethical actors in tech. They have a monopoly position in many of their products and take advantage of some of the poorest people through misinformation and lobbying. Facebook & Uber have received
52.
by WisNorCan 5y ago
This is one of the oft-repeated pieces of advice on HN that happens to be completely wrong. Let me know if you are willing to sell any options that you have at $0 from YC-backed companies. I’d be happy to buy as much as you have :) It is tr
53.
by WisNorCan 5y ago
Anybody from Amazon know the backstory about why they really changed the approach? This doesn’t really mean anything “thinking is predicated on what we believe will be most beneficial for customers, while also trying to give employees more
54.
by WisNorCan 5y ago
Hopefully, the negative effects of extreme sound pollution on humans and animals will be considered in the trade-offs to save a few hours of flying time for the wealthy. https://www.nonoise.org/library/animals/lits
55.
Uber test vehicles involved in 37 crashes before fatal self-driving incident(finance.yahoo.com)
4 points by WisNorCan 7y ago|0 comments
56.
by WisNorCan 7y ago
Looks like Uber has two types of businesses. a) Ones that are slowing down, e.g. Rides with growth rate of ~20% and b) Ones that are growing faster by unsustainable economics, e.g. Freight -40% EBITDA. For Uber ever to thrive, they need a b
57.
Exxon Former CEO Says Climate Change ‘With Us Forever More’(bloomberg.com)
2 points by WisNorCan 7y ago|0 comments
58.
by WisNorCan 7y ago
Van Cleave: Do you feel that Uber acted responsibly? Anderson: Absolutely not. Van Cleave: Have you seen a company ask for an NDA from people who've ripped them off before? Anderson: I can't think of another case that our office h
59.
Uber allegedly paid $100k ransom and had hackers sign NDAs after breach(cbsnews.com)
44 points by WisNorCan 7y ago|3 comments
60.
GrubHub shares crater more than 40% after a terrible earnings report(cnbc.com)
2 points by WisNorCan 7y ago|0 comments

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